FedEx and Pilots Reach Tentative Agreement on Collective-Bargaining Pact
August 20 2015 - 6:20PM
Dow Jones News
The union representing FedEx Corp. pilots said Thursday that it
reached a tentative agreement on an amended collective bargaining
agreement with the delivery giant.
The Air Line Pilots Association, International, said that the
tentative agreement, which would last through 2021, must still be
approved by the union's executive council. After that step, it will
be put to a vote for ratification by more than 4,000 FedEx
pilots.
Terms of the agreement aren't being released, the union said.
Negotiations on this agreement started in 2011 and formal
bargaining began in January 2013. The two parties entered a
mediation process after FedEx filed with the National Mediation
Board in October 2014, the union added.
FedEx confirmed the parties have reached a tentative agreement.
"We are grateful to both negotiating committees who worked so hard
to reach this agreement, which contains great value for our pilots
and FedEx Express," a company spokesman said in a statement.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
(END) Dow Jones Newswires
August 20, 2015 18:05 ET (22:05 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
FedEx (NYSE:FDX)
Historical Stock Chart
From Mar 2024 to Apr 2024
FedEx (NYSE:FDX)
Historical Stock Chart
From Apr 2023 to Apr 2024
